STN in Korea Propulsion Agreement

STN Atlas Marine Electronics has signed a collaborative agreement with the STXCorporation of Changwon under which it is to supply the South Korean manufacturer of medium speed diesel engines with a complete range of standardised automation systems via its established PartnerShip alliance with Lyngso Marine of Denmark.

The agreement covers supply of ISO 9001 certified bridge manoeuvring, engine safety, electronic governor and alarm monitoring system modules in addition to software support.

STX will assemble systems locally as part of integrated shipborne propulsion packages while also retaining responsibility for testing, sea trials, class acceptance and maintenance.

STX Corporation’s diesel engine products presently account for around 70% of domestic market requirements.

The company also exports to other Asian countries as well as those in Europe, Africa and the Middle East.

The joint agreement further consolidates STN’s operations in South Korea, where it is a principal supplier of modular navigation, communication, automation, power and drive systems, supported by its Pusan based subsidiary STN Atlas Korea.

MJ Information No: 17842